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Following the wave of democratization during the 1990s, elections are now common in low-income societies.  However, these elections are frequently flawed.  We investigate the Nigerian general election of 2007, which is to date the largest election held in Africa and one seriously marred by...
Persistent link: https://www.econbiz.de/10011004298
groups (either peaceful compromise or costly conflict) and the outcome of these interactions. Group members may choose … choice of leader, and that this may result in increased conflict between groups. …
Persistent link: https://www.econbiz.de/10005090679
dependence upon primary commodity exports and a large diaspora substantially increase the risk of conflict. Inconsistent with the … grievance theory, greater ethnic and religious diversity reduce the risk of conflict. The results are robust to correction for …
Persistent link: https://www.econbiz.de/10010605126
A new game theoretic analysis of finite horizon, complete information bargaining is advanced. The extensive form … details of the bargaining protocol. Conditions are identified under which the game is dominance solvable in the sense that … bargaining problems of the sort that have historically been deemed indeterminate, thereby ensuring that the dynamic problems …
Persistent link: https://www.econbiz.de/10010604968
prices and increasingprofits. Welfare falls because of the uncertainty in the bargaining process, which generates …
Persistent link: https://www.econbiz.de/10011133058
We study price competition between firms over public list or posted prices when a fraction of consumers (termed 'bargainers') can subsequently receive discounts with some probability.  Such stochastic discounts are a feature of markets in which some consumers bargain explicitly; of markets in...
Persistent link: https://www.econbiz.de/10011004203
, we present an experimental test of the effect of common fate in bargaining settings. Virtually all subjects …-group conflict was. We also test, and find support for, theories of similarity-based decision-making. We develop and use a generally …
Persistent link: https://www.econbiz.de/10005047846
Why do people stall while bargaining? Why are people keen to conclude a deal quickly, only to subsequently allow delay … market and the lower the discount rate. Thus, we give some predictive power to the new corpus of work on bargaining with …
Persistent link: https://www.econbiz.de/10005090621
matching protocol, but does not interfere with the bargaining, eliminates all delay. Even though this efficient centralized …
Persistent link: https://www.econbiz.de/10010661441
a third benefit from commitment which arises from low host country bargaining power when negotiating incentive levels … with foreign investors. If bargaining power is low, incentives agreed under bargaining will be generous to the investor and … host country welfare will be lower than otherwise. It is shown that this consequence of low bargaining power may be avoided …
Persistent link: https://www.econbiz.de/10010604853